whereTOemigrate
Get your free results
AU country scene

Business Innovation and Investment (Permanent) visa - Premium Investor stream (Subclass 888)

AustraliaInvestment

Explore the five recorded questions, answers and sources for this pathway.

Official link

Get your free results Read the five questions ↓

What investment option or options qualify?

The qualifying investment is the AUD15 million complying premium investment already made under the provisional visa. The applicant must hold a Business Innovation and Investment (Provisional) (subclass 188) visa in the Premium Investor stream (or hold a subclass 188 visa granted as the spouse/de facto partner of such a holder, if that relationship has ended or the person has died), have a current Austrade nomination that Austrade confirms remains current, and have held the provisional visa for a continuous period of at least 12 months at the time of application.

See recorded sources

What official minimum amount, tier or threshold applies to each relevant option?

Investment capital: the applicant must have already invested AUD15 million in a complying premium investment under the provisional visa, and must have held that investment (except any philanthropic-contribution portion) for the whole time the provisional visa was held. Government fees are distinct from that capital: the main-applicant visa application charge is AUD4,375.00 (concessions apply in limited circumstances, including a lower cost from 1 July 2026 for eligible Pacific Island and Timor-Leste citizens); a second instalment charge of AUD4,890 applies per family member (only if not already paid at the provisional-visa stage).

See recorded sources

How long must the investment be maintained and what continuing ownership, investment or physical-presence conditions are important?

The applicant must have held the complying premium investment (except any philanthropic-contribution portion) for the whole time they held the provisional visa; the investment fund must keep cash at no more than 20% of net assets, with derivatives used only for risk management. The applicant and spouse/de facto partner must not have been involved in unacceptable business or investment activities, and must have a realistic commitment to continuing business or investment activities in Australia. If they operated a business in Australia, they must have followed Commonwealth and state/territory laws (including taxation, superannuation and workplace relations).

See recorded sources

Which family members can be included where officially stated, and what broad residence/work rights result?

Family unit members can be included at application, and members can be added at any time before a decision is made; they do not need to hold a subclass 188 visa themselves. Family members applying for the visa must meet health and character requirements (character required for those aged 16 or over); those not coming to Australia may also have to meet health and character requirements. Family members aged 18+ at decision time must sign the Australian values statement. A second instalment charge of AUD4,890 applies per family member lacking functional English, unless already paid at the provisional-visa stage. The official source does not state the family members' residence or work rights.

See recorded sources

What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?

This is a permanent visa: the holder can stay in Australia permanently, work and study, access Medicare, sponsor relatives, and travel to and from Australia for 5 years under the initial travel facility (a Resident Return visa or Australian citizenship is needed to preserve re-entry rights as a permanent resident after that facility expires). Permanent residency for citizenship purposes starts on the day the visa is granted (if in Australia) or on first entry on this visa (if outside Australia when granted). The official source does not state what happens to the underlying investment after the permanent visa is granted.

See recorded sources

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

Explore more pathways in Australia · All pathways

Your story.
Your next step.

Get your free results